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India sets 90,000 tonnes chrome export quota
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Staff Reporter | 15 Sep, 2008
It is reported that India has set an export quota of around 90,000 tonnes of chromium ore and concentrate for August to September 2008 period. Chromium ore is likely to account for 12,000 to 15,000 tonnes of the quota.
Indiaâs chromium ore exports for the current financial year are likely to be far below the 1 million tonnes level that exports exceeded in the previous financial year.
The Minerals & Metals Trading Corporation has fixed the base export price for chromite at $ 715 per tonne FOB and for concentrates at $ 710 per tonne until the end of September 2008.
Domestic ferrochromium prices have fallen to Rs 75,000 per tonne from Rs 100,000 per tonne two months ago as a result of the weak stainless steel market.
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Infian chromite
Jim Dingman | Tue Sep 16 14:50:32 2008
Please clarify how much chromite ore(lumpy) and concentrates are part of the quota? The article has 90,000 tons of chromium ore and concentrates and the next sentence states chromium ore is likely to account for 12,000-15,000 tonnes.
Which figutre is it? 12,000 -15,000 m/tonnes or 90,000 m/tonnes/
Thank you
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Re: Infian chromite
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